This pair has been bullish since March, but more recently the bears have been in control. Price action has broken previous structure and made new lows at 1.1140 and 1.0860. The area around 1.950 that was support is now acting as resistance. This was broken on 01 Nov. and has also been retested. I am hoping that it will be tested again and if we see some bearish evidence again, we have a setup to take a short. If this works out as per my expectation, we should have a 2.2 trade, with a possible extension to 1.061 area (+ 4R).
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